Financial card activation method and system

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8731159
SERIAL NO

13104502

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A sponsor purchases a prepaid card that can be transmitted to an intended user with increased security. Using a prepaid card dispenser, the sponsor elects an amount for the prepaid card and is prompted for at least one telephone number at which a server platform should contact the sponsor when the intended user wants to authenticate the card. The sponsor may enter additional phone numbers that will be called if the sponsor does not answer the first number when called by the server platform. When an intended user has received the prepaid card, the intended user calls a telephone number associated with the server platform and is connected to the sponsor via a telephone bridge so that the sponsor may authenticate the intended user. The sponsor may then inform the server platform (e.g., via DTMF tones) that the card has been authenticated.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
IDT CORPORATIONNEWARK NJ 07102

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Mayer, Daniel J Warren, US 11 943

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